Sat Sep 07 00:20:20 UTC 2024: – The Federal Reserve and other regulators are set to release revised capital rules for banks, with changes expected to be unveiled on Sept. 19
– The revisions could ease concerns among Wall Street banks and avoid a potential legal battle with the industry
– Changes include adjustments to operational-risk provisions, reduction in capital requirements for certain business lines, and revisions to market-risk and credit risk requirements
– Negotiations among the three agencies were challenging, but incentives were given to complete the changes
– Wisconsin health officials initiated a recall of eggs due to a salmonella outbreak originating from a Wisconsin farm
– Tate Modern’s director suggests moving away from owning indigenous art
– Vietnamese authorities report that Typhoon Yagi has killed at least four people and injured 78 others after making landfall in the north of the country
– Stellantis is recalling nearly 1.5 million Ram pickup trucks worldwide to fix a software problem that can disable the electronic stability control system
– Israeli military strikes in the Palestinian Gaza Strip have resulted in the deaths of at least 61 people in 24 hours

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